3775 Bay Rd, Saginaw, MI 48603-2433
This exceptional 35,177 square foot retail building, situated on nearly three acres in Saginaw, Michigan, presents a compelling investment opportunity. Previously occupied by a successful furniture retailer, the property boasts a spacious 25,521 square foot open floor plan showroom, ideal for a variety of retail uses. A substantial 9,656 square foot warehouse is also included, featuring a convenient four-stall, 6' x 22' exterior loading dock equipped with two 8' overhead doors. The property's ample 2.9-acre lot offers significant expansion potential, allowing for building additions or the construction of accessory structures. The expansive front parking lot accommodates 28 vehicles, including two designated handicap spaces, with additional gravel parking located at the rear. The asking price is $1,390,000, translating to $39.51 per square foot. This property's prime location on Bay Road, within Saginaw Township's thriving retail corridor, ensures high visibility and accessibility. The combination of showroom and warehouse space, along with the generous land area, makes this an attractive proposition for businesses seeking a versatile and strategically located commercial space. The property is zoned for retail use, but other uses may be possible. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Saginaw, MISaginaw. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.